Feel scammed and tricked, this company is a blood sucker
Been getting charged of a high interest rate for my balance for months, in the past I tried paying up as much as 70% of my total balance, these cheats still charged me full interest as if I didn’t pay them anything north of min pay, asked their customer service and their agents were bunch of either clueless fools or playing dumb, So this month I wanted to bring it to a stop, I sacrificed many other things to free the money up to clear my balance in full, and then spend again, GUESS WHAT, that does not count and they’re still going to charge me the fixed interest fee, so they’re going to do this for a LIFE TIME
There’s no way out of their interest fee inferno, how is this company legal?
Reply from Zable
Hi there,
We are sorry about that experience.
Interest accrues daily against all completed transactions and would stop accruing once the outstanding balance is cleared in full. Any interest accrued in that period is then applied on your statement date.
To make use of the interest-free period, you would just need to make sure your statement balance is paid on or before your chosen payment date.
If you have not cleared your full statement balance on or before your chosen payment date but rather cleared it after your chosen payment date, then even if your balance is zero when your statement is generated the interest that had been accruing will be applied to it, which is why you may be seeing an interest charge.
If you have any other questions feel free to contact us at cards@zable.co.uk
The Zable Team ✨